Merchandise Trade

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Since April 1987, Singapore’s merchandise trade statistics are compiled by Enterprise Singapore from the following information submitted to Singapore Customs:

Import and export permits submitted by traders or declaring agents;
Data on postal packages furnished by Singapore Post Limited; and
Statement on bunker fuel, aircraft fuel and stores supplied to non-Singapore-registered ships and aircraft furnished by shipping and aircraft agents.

Prior to April 1987, merchandise trade statistics were compiled by the Singapore Department of Statistics from the same sources.

The Standard International Trade Classification (SITC), Revision 4.1 is used for merchandise trade statistics from 1999, and SITC, Revision 3 for data prior to 1999.

Data

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Key Indicators

Items	Unit	Latest Period	Latest Data	% Change (Y‑o‑Y) 1/	Previous Period Data	% Change (Y‑o‑Y) 2/
Merchandise Trade
Total Trade at Current Prices	S$m	May-24	109,957.1	14.2	108,999.6	15.6
Total Exports at Current Prices	S$m	May-24	57,104.4	12.6	55,849.9	13.3
Domestic Exports	S$m	May-24	25,642.4	11.4	24,062.3	0.2
Non-oil Domestic Exports	S$m	May-24	14,273.2	-0.1	13,888.5	-9.6
Re-exports	S$m	May-24	31,462.1	13.6	31,787.7	25.7
Items	Unit	Latest Period	Latest Data	% Change (Y‑o‑Y) 1/	Previous Period Data	% Change (Y‑o‑Y) 2/
Total Imports at Current Prices	S$m	May-24	52,852.6	16.0	53,149.7	18.2
Total Trade at Current Prices	S$m	2023	1,205,722.6	-11.7	1,365,402.5	17.7
Total Exports at Current Prices	S$m	2023	638,403.5	-10.1	709,966.6	15.6
Domestic Exports	S$m	2023	285,053.0	-13.5	329,668.8	18.2
Non-oil Domestic Exports	S$m	2023	173,170.9	-13.1	199,207.9	3.0
Re-exports	S$m	2023	353,350.5	-7.1	380,297.8	13.5
Total Imports at Current Prices	S$m	2023	567,319.1	-13.4	655,435.9	20.1

Data are preliminary when first released.
1. Refers to % change in latest period over the same period in the previous year.
2. Refers to % change in the previous period over the same period in the previous year.

Merchandise Trade by Commodity Section/ Division

Title : Merchandise Trade By Commodity Section, (At Current Prices), Monthly

Thousand Dollars

Data Items	2023 Oct	2023 Nov	2023 Dec	2024 Jan	2024 Feb	2024 Mar	2024 Apr	2024 May
Total Merchandise Trade, (At Current Prices)	109,959,513	104,964,764	97,730,166	107,091,982	96,280,586	108,588,321	108,999,646	109,957,085
Oil	22,863,122	22,309,648	17,465,048	20,018,015	21,274,121	19,893,546	21,886,071	22,411,445
Non-Oil	87,096,391	82,655,116	80,265,118	87,073,967	75,006,465	88,694,775	87,113,575	87,545,640
Total Merchandise Imports, (At Current Prices)	51,889,502	49,402,365	45,253,865	49,340,819	45,147,718	51,529,874	53,149,701	52,852,642
Oil	11,119,331	11,564,832	8,680,679	9,986,506	10,782,874	9,563,468	11,300,775	10,854,481
Non-Oil	40,770,171	37,837,533	36,573,185	39,354,313	34,364,844	41,966,406	41,848,926	41,998,162
Total Merchandise Exports, (At Current Prices)	58,070,011	55,562,400	52,476,302	57,751,163	51,132,869	57,058,447	55,849,945	57,104,442
Oil	11,743,791	10,744,816	8,784,368	10,031,508	10,491,248	10,330,078	10,585,296	11,556,965
Non-Oil	46,326,220	44,817,584	43,691,933	47,719,655	40,641,621	46,728,369	45,264,649	45,547,478
Total Domestic Exports, (At Current Prices)	26,297,710	24,833,932	22,546,049	25,141,131	23,159,992	24,095,657	24,062,289	25,642,353
Oil	11,517,669	10,346,749	8,576,911	9,679,340	10,182,205	10,142,470	10,173,812	11,369,122
Non-Oil	14,780,041	14,487,184	13,969,138	15,461,791	12,977,787	13,953,187	13,888,477	14,273,231
Total Re-Exports, (At Current Prices)	31,772,301	30,728,467	29,930,252	32,610,032	27,972,877	32,962,790	31,787,656	31,462,090
Oil	226,122	398,067	207,457	352,168	309,043	187,608	411,484	187,843
Non-Oil	31,546,179	30,330,400	29,722,795	32,257,864	27,663,834	32,775,182	31,376,172	31,274,247

SOURCE : ENTERPRISE SINGAPORE

Footnotes

Prior to 2003, merchandise trade data exclude Singapore's merchandise trade with Indonesia. Data prior to 1999 are based on Standard International Trade Classification (SITC) 3. Data from 1999 onwards are based on SITC 4.1 and consistent with the ASEAN Harmonised Tariff Nomenclature (AHTN) 2022 version.

Merchandise Trade By Commodity Section (At Current Prices), Monthly

Merchandise Trade By Commodity Section, (At 2023 Prices), Monthly

Merchandise Imports By Commodity Division, Monthly

Merchandise Imports Of Machinery And Equipment, Monthly

Merchandise Exports By Commodity Division, Monthly

Merchandise Exports Of Machinery And Equipment, Monthly

Domestic Exports By Commodity Division, Monthly

Domestic Exports Of Major Non-Oil Products, Monthly

Re-Exports By Commodity Division, Monthly

Re-Exports Of Machinery And Equipment, Monthly

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